Main Streets across the World 2023

MAIN STREETS ACROSS THE WORLD 2023 | 18

RENTS AND RANKINGS 02

EUROPE RANKING 2022-2023

Rent (USD/sq.ft/yr)

Rent (EUR/sqm/yr)

Pre-pandemic to present (LCY)

YOY (LCY)

Ranking 2023

Ranking 2022

Market

City

Location

39

38

Luxembourg

Luxembourg City

Grande Rue

$171

€1,740

-9%

0%

40

37

Sweden

Stockholm

Biblioteksgatan

$165

€1,685

-7%

1%

41

40

Belgium

Antwerp

Meir

$162

€1,650

-11%

3%

42

41

Belgium

Brussels

Rue Neuve

$157

€1,600

-14%

3%

43

42

Portugal

Lisbon

Chiado

$147

€1,500

-4%

2%

44

44

Hungary

Budapest

Vaci utca

$130

€1,320

-27%

0%

45

43

Finland

Helsinki

City Centre

$120

€1,224

-24%

-14%

46

46

Serbia

Belgrade

Kneza Mihaila

$100

€1,020

-6%

0%

47

48

Poland

Warsaw

Nowy Swiat

$88

€900

-10%

7%

48

47

Croatia

Zagreb

Ilica Street

$88

€900

-6%

0%

49

49

Slovenia

Ljubljana

Čopova

$71

€720

0%

0%

50

50

Romania

Bucharest

Calea Victoriei

$65

€660

0%

0%

51

51

Bulgaria

Sofia

Vitosha Blvd

$64

€648

-7%

4%

52

52

Slovakia

Bratislava

Obchodna ulica

$53

€540

0%

0%

53

53

Cyprus

Limassol

Anexartisisas Ave

$47

€480

21%

8%

54

54

Lithuania

Vilnius

Gedimino Ave./Pilies St.

$44

€444

-8%

1%

Kalku St./Valnu St./Audeju St./ Terbatas St./Kr.Barona St.

55

55

Latvia

Riga

$42

€432

-10%

0%

56

56

Estonia

Tallinn

Viru Street

$36

€372

-9%

0%

57

57

Macedonia

Skopje

Makedonija Street

$33

€336

0%

0%

Source: Cushman & Wakefield

LCY = local currency

CUSHMAN & WAKEFIELD